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Forex-inControl (By incontrol )

The user has deleted this system.

Forex-inControl Discussion

robvdmeer
Jan 22 2017 at 08:05
37 posts
The last dip was coursed by President Trump😁

moneybotfxdotcom
Jan 25 2017 at 15:47
2 posts
Hello,

I can see that the settings for this EA have lots of date related settings. Could you please clarify on those or even better on all settings, especially the auto lot risk management?

If a back-test is performed after purchase with sames prices and with different - on purpose altered dates, eg, instead of 2006 the year can be 2016 ( a ten year shift) of the history data, then the performance should be the same. If not, then that means that you have hard coded a date filter for back testing and in this case a refund should be honoured for a mislead, curve fitted back testing.

Could you also explain why on 2006 back-testing of EURGBP the EA took only minimal amount of trades comparing with other years with similar related volatility - range?

It looks that initial signals for low lot, NORMAL entry are no better than 50%, maybe even worst and recovery is needed more than not. Maybe i am wrong , have not analysed stats on this yet. Also SL is 800 pips, practically a non SL AS IT HAS NEVER BEEN HIT on back testing. Account should be blown way before that as at about 300 pips DD from initial entries, an almost 20 times more lot size recovery trade is entered, so I assume that by the 600 or more DD, the lot size will be 50 times more and few pips dd will blow the acc on margin call.
Could you please explain more about the recovery trade entry or risks, and its max DD so far in pips through the full back-testing?
This is the most critical aspect of the EA.
 
Could you please specify if you plan to amend your T&C for Refund to address the concerns of users on a fair and transparent manner?

Thank you,
cosm

Rafim
azrafim
Jan 30 2017 at 07:52
57 posts
Oh typical GREEEDer

Forex inControl
incontrol
Jan 30 2017 at 17:42
14 posts
moneybotfxdotcom posted:
Hello,

I can see that the settings for this EA have lots of date related settings. Could you please clarify on those or even better on all settings, especially the auto lot risk management?

If a back-test is performed after purchase with sames prices and with different - on purpose altered dates, eg, instead of 2006 the year can be 2016 ( a ten year shift) of the history data, then the performance should be the same. If not, then that means that you have hard coded a date filter for back testing and in this case a refund should be honoured for a mislead, curve fitted back testing.

Could you also explain why on 2006 back-testing of EURGBP the EA took only minimal amount of trades comparing with other years with similar related volatility - range?

It looks that initial signals for low lot, NORMAL entry are no better than 50%, maybe even worst and recovery is needed more than not. Maybe i am wrong , have not analysed stats on this yet. Also SL is 800 pips, practically a non SL AS IT HAS NEVER BEEN HIT on back testing. Account should be blown way before that as at about 300 pips DD from initial entries, an almost 20 times more lot size recovery trade is entered, so I assume that by the 600 or more DD, the lot size will be 50 times more and few pips dd will blow the acc on margin call.
Could you please explain more about the recovery trade entry or risks, and its max DD so far in pips through the full back-testing?
This is the most critical aspect of the EA.
 
Could you please specify if you plan to amend your T&C for Refund to address the concerns of users on a fair and transparent manner?

Thank you,
cosm


Hello, thank you for your interest in Forex inControl EA. I will give a couple of answers here, but it's better to send such questions to our support department here: support@forex-incontrol.com
'... this EA have lots of date related settings.' No, we have no date related settings, our EA trades everyday without any news and days filters. But at Accelerate mode you can use more risky MM (lotsize) at some days in a month, when usually we have more flat period.

The more old period have less tick data and also much lower volatility, that is why all EA has less trades at 2006 (and any old year) then at newest year. It's not a feature of our EA, you can see it at backtest of any other EA. But not much EA has backtest for so long period 😄

inControl has 800 pips StopLoss only for two first trades, that can't have big drowdown before will opened next trade. All next trades (after second trade) calculate stoploss according to your risk settings in EA and current equity drawdown.

Hope I was able to answer your main questions

Regards

Forex inControl
incontrol
Jan 30 2017 at 17:43
14 posts
azrafim posted:
Oh typical GREEEDer

Not a typical. We will give you license for free if you will find out what range do we use between trades in pips (except first two trades)? And also what lotsize do we used for each trade (except first two trades)? These are things that usually has 'GREEEDer' 😄

Frank
RedRhinoFX
Jan 31 2017 at 07:09
395 posts
incontrol posted:
azrafim posted:
Oh typical GREEEDer

Not a typical. We will give you license for free if you will find out what range do we use between trades in pips (except first two trades)? And also what lotsize do we used for each trade (except first two trades)? These are things that usually has 'GREEEDer' 😄


The EA will adjust the lotsize to the amount necessary to close the basket at a profit within 34 pips. The grid distance between the orders rely on the logic to open the position. So the grid is dynamic and relies solely on the logic to trigger the order.

Please send a free license to support@redrhinofx.com

Stop Scam (marus88)
Jan 31 2017 at 07:31
20 posts

drawdown 39% BIG RISK

Blocked Users: 4

Please be careful!

Forex inControl
incontrol
Feb 03 2017 at 07:42
14 posts
RedRhinoFX posted:
incontrol posted:
azrafim posted:
Oh typical GREEEDer

Not a typical. We will give you license for free if you will find out what range do we use between trades in pips (except first two trades)? And also what lotsize do we used for each trade (except first two trades)? These are things that usually has 'GREEEDer' 😄


The EA will adjust the lotsize to the amount necessary to close the basket at a profit within 34 pips. The grid distance between the orders rely on the logic to open the position. So the grid is dynamic and relies solely on the logic to trigger the order.

Please send a free license to support@redrhinofx.com

Hi! This special offer only for Rafim, because of his rash comment. To induce him to make a little effort to analyze the system 😄 Your opinion has right way, but not precise. Basket profit not about pips it use another calculation, grid is dynamic yes, but with another logic, that you described. Anyway, thank you for your attention

sobriety
Jan 07 2018 at 06:48
1 posts
Sold now as Forex inControl reborn /w acceleration. Quite some success in the beginning, live account since 3-16.
However, losing positions are kept open for a long time. Seem to get closed manually some distant day.
Has no luck since early dec-17. Nearly 1000 pips of unrealized losses, in many trades, and growing. Go figure. Just grid trading, averaging down against the trend. Dislike that very much. Bot seems to bet on higher USD these days.

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